Latest Resource Upgrades News

Axel REE Limited has secured three new exploration licences adjacent to its Caladão Project in Brazil, launching a drilling campaign aimed at expanding its rare earth elements and gallium resources.

Aldoro Resources has launched a significant Phase II drilling campaign targeting high-grade niobium at its Kameelburg project, while simultaneously initiating heavy rare earth element exploration at Omuronga, Namibia.

Javelin Minerals has locked in a $25 million mining and funding agreement with MEGA Resources, boosting its Eureka Gold Project resources and setting sights on production by mid-2026. The company also raised $4.5 million to accelerate exploration at its key WA gold assets.

FireFly Metals has announced a significant extension of high-grade copper-gold mineralisation at its Green Bay Project in Canada, with drill results revealing a 650m expansion beyond previous estimates. The standout intersection of 49m at 6.1% copper equivalent underscores the project’s growing potential.

Eclipse Metals has commenced diamond drilling at its Greenland rare earth project, backed by a $4 million placement to expand and upgrade its resource. The move aligns with strategic plans for a Nasdaq dual listing amid growing global supply chain concerns.

Santana Minerals reports robust assay results from its RAS North drilling program, confirming strong grade continuity and potential resource upgrades. Concurrently, the RINA drilling reveals a fertile, largely untested gold system along the Rise and Shine Shear Zone, hinting at significant regional expansion opportunities.

Siren Gold has kicked off a significant 6,000-metre diamond drilling program at its Sams Creek Gold Project in New Zealand, aiming to upgrade and expand its existing 824,000-ounce resource. This marks a critical phase ahead of key milestones including a mining permit decision and an updated scoping study.

St George Mining’s latest drilling results reveal a thick, high-grade rare earth and niobium mineralisation extending well beyond the existing resource at its Araxá project in Brazil, hinting at a major resource upgrade.

Haranga Resources has raised $14 million through an oversubscribed placement led by Collins St Gold Fund, aiming to fast-track exploration and development at its Lincoln and Ibel South gold projects.

Sun Silver Limited’s 2025 drilling program at Maverick Springs continues to reveal extensive high-grade silver-gold mineralisation, reinforcing the project’s status as a major precious metals resource in Nevada.

Ariana Resources has launched the first phase of an extensive drilling programme at its Dokwe Gold Project in Zimbabwe, aiming to expand its 1.1 million ounce gold resource. Initial assay results are expected before year-end, setting the stage for a potential resource upgrade in 2026.

Everest Metals has signed a strategic MOU with Arlington Innovation Partners to access U.S. government non-dilutive funding and partnerships, advancing its Mt Edon critical minerals project focused on rubidium and lithium.